An increase in your nominal income and a decrease in your real income might occur simultaneously if multiple choice 1 your nominal income increases less than the cost of living increases. your real income increases more than the cost of living increases. your nominal income increases more than the cost of living increases. your real income increases at the same rate as the cost of living increases.

Royal motor corp. generates a major portion of its revenues by manufacturing luxury sports cars. however, the company also derives an insignificant percent of its annual revenues by selling its sports merchandise that includes apparel, shoes, and other accessories under the same brand name. which of the following terms best describes royal motor corp.? a. aconglomerate b. a subsidiary c. adominant-businessfirm d. a single-business firm